Skip to main content

Article [59]

Date(g): 13/6/2023 | Date(h): 25/11/1444 Status: In-Force

Effective from Jun 13 2023 - Jun 12 2023
To view other versions open the versions tab on the right

 

Immediately upon receipt of an order for payment services under a one-time payments contract, the payment service provider shall provide the payer with the following information:

A.A reference that enables the payer to identify its payment transaction, as well as information about the payee.
B.The payment transaction amount in the currency used in the payment services order.
C.Details of the fees payable by the payment service user for the service.
D.The actual rate used in the payment transaction and the amount of the payment transaction after currency exchange when the exchange rate is used in the payment transaction.
E.The date the payment services order was received.